WFT, West Fraser Timber

wft feb 3 2015

We have no problem counting this up-leg from the ’09 lows as five waves. For the previous 15 years, good and bad times, this stock traded at about $15 on average just eye-balling it. So it is up 5x having hit a high of $74. It could drop $30 or more any time now so we would sell.